Fess-up time: top-performing super funds put duds to shame

Original article by Cliona O’Dowd
The Australian – Page: 17 : 2-Sep-21

The superannuation performance test data shows that Active Super was the best default MySuper fund over a seven-year period, with an average return of 9.46 per cent. It is followed by AustralianSuper (9.44 per cent) and Hostplus (9.33 per cent return). The lowest average return for the 10 best performing funds was 8.75 per cent. In contrast, EISS had the lowest average return among the 10 worst-performing funds, at just six per cent.

CORPORATES
ACTIVE SUPER, AUSTRALIANSUPER PTY LTD, HOST-PLUS, EISS SUPER

Super funds post strong July gains after big year

Original article by Cliona O’Dowd
The Australian – Page: 17 : 19-Aug-21

Data from Chant West shows that the median growth superannuation fund gained 1.1 per cent in July, matching the rise in the Australian sharemarket for the period. This follows a return of 18 per cent for 2020-21, and the median growth fund has now gained about 27 per cent since reaching a coronavirus-induced low in late March 2020. International shares gained 1.7 per cent in hedged terms during July, while emerging markets shares fell 4.7 per cent in unhedged terms.

CORPORATES
CHANT WEST FINANCIAL SERVICES PTY LTD

AustralianSuper targets $500bn after stellar 20pc return

Original article by Glenda Korporaal
The Australian – Page: 13 & 20 : 6-Jul-21

AustralianSuper’s balanced option has posted a return of 20.43 per cent for 2020-21, compared with just 0.52 per cent in the previous financial year. The industry superannuation fund now boasts assets of $225m, and CEO Mark Delaney says it expects this to top $470bn by 2026. He adds that while equities are likely to perform well in 2021-22, he does not expect super funds to match their returns for 2020-21. Meanwhile, AustralianSuper has secured a deal to acquire a 40 per cent stake in the Moorebank intermodal logistics facility in Sydney.

CORPORATES
AUSTRALIANSUPER PTY LTD

Global equities the big winner

Original article by Alex Gluyas
The Australian Financial Review – Page: 27 : 2-Jul-21

Data from BetaShares shows that Australia’s benchmark S&P/ASX 200 gained 27.8 per cent on a total returns basis in 2020-21, including dividends. This compares with a return of 37.4 per cent for the MSCI All Country World Index, which was boosted by technology and financial stocks. The Australian market was in turn bolstered by strong gains from consumer discretionary stocks (up 46.1 per cent), financials (40.6 per cent), technology (39.8 per cent) and resources (29.2 per cent). The S&P 500 gained 40.8 per cent in 2020-21, and it reached another new record high on 1 July.

CORPORATES
BETASHARES CAPITAL LIMITED, STANDARD AND POOR’S ASX 200 INDEX, MSCI ALL COUNTRY WORLD INDEX, STANDARD AND POOR’S 500 INDEX

Shares deliver $560bn windfall

Original article by David Rogers
The Australian – Page: 13 & 20 : 1-Jul-21

Australia’s S&P/ASX 200 capped off a stellar recovery from the COVID-19 pandemic by posting a gain in all but one month during 2020-21. The benchmark index’s 24 per cent gain was the best return for a financial year since its inception, and follows a pandemic-induced loss of 11.3 per cent in 2019-20. The S&P/ASX 200 reached a record high of 7,406.2 points in May, having slumped to a low of 4,402.5 points in March 2020 as the pandemic weighed on global financial markets. Utilities is the only sector that failed to post a positive return in 2020-21.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX

Super shines as economy bounces back

Original article by Cliona O’Dowd
The Australian – Page: 13 & 19 : 21-Apr-21

Data from Chant West shows that the median growth superannuation fund achieved a return of 12.2 per cent in the first nine months of 2020-21. Mano Mohankumar of Chant West says super funds are on track to deliver a double-digit return for the financial year. The median growth fund gained 3.3 per cent in the March quarter and 2.2 per cent so far in April. Hostplus and Sunsuper are among the growth funds that have posted returns of more than 20 per cent so far in 2020-21.

CORPORATES
CHANT WEST FINANCIAL SERVICES PTY LTD, HOST-PLUS, SUNSUPER PTY LTD

Stocks on track for bumper year

Original article by David Rogers
The Australian – Page: 13 & 19 : 1-Apr-21

Australia’s S&P/ASX 200 Index gained 3.1 per cent during the March quarter, and 15.1 per cent in the first nine months of 2020-21. The local sharemarket may be on track for its best financial-year performance since fiscal 2013, when it gained 17.3 per cent. Lynas Rare Metals, Virgin Money and Zip Co were the top performers during the quarter, each posting gains of at least 40 per cent. The benchmark index had shed 11 per cent in 2019-20, due to the coronavirus-induced slump in the second half.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, LYNAS RARE EARTHS LIMITED – ASX LYC, VIRGIN MONEY UK PLC – ASX VUK, ZIP CO LIMITED – ASX Z1P

Returns the world’s best over 121 years

Original article by Cliona O’Dowd
The Australian – Page: 20 : 5-Mar-21

Data from Credit Suisse shows that the Australian sharemarket has outperformed other bourses over the long-term, with real annual returns of 6.6 per cent since 1900 in US dollar terms. The ASX’s annualised return over this period was 6.8 per cent in local currency terms, behind the 7.1 per cent return from the South African bourse. Looking ahead, Credit Suisse says Generation Z can expect annualised equity returns of about three per cent, compared with annualised returns of 7.1 per cent since 1950 for Baby Boomers.

CORPORATES
CREDIT SUISSE (AUSTRALIA) LIMITED

Top-placed super funds defy virus chaos

Original article by Cliona O’Dowd
The Australian – Page: 22 : 22-Jan-21

Suncorp’s Multi-Manager Growth Fund was Australia’s best-performed superannuation fund in 2020, according to research house SuperRatings, returning 9.6 per cent. It was followed by Australian Ethical’s balanced option, which returned eight per cent, and Vision SS’s balanced option, which returned 6.2 per cent. The median return for super funds in 2020 was 3.3 per cent, while the S&P/ASX 200 index fell by 1.45 per cent over the same period.

CORPORATES
SUNCORP GROUP LIMITED – ASX SUN, SUPERRATINGS PTY LTD, AUSTRALIAN ETHICAL SUPERANNUATION PTY LTD, VISION SUPER PTY LTD

Slim returns among super’s top performers

Original article by Joanna Mather
The Australian Financial Review – Page: 6 : 7-Jul-20

Chant West has forecast that the median superannuation fund will post a return of minus 1.3 per cent for 2019-20. The firm also expects the returns for growths to range from minus six per cent to three per cent. Meanwhile, First State Super is among the super funds that have defied the trend, posting a return of 1.3 per cent for the financial year. Cbus achieved a return of 0.75 per cent, and chief investment officer Kristian Fok says a number of factors contributed to the positive return.

CORPORATES
CHANT WEST FINANCIAL SERVICES PTY LTD, FIRST STATE SUPER, CONSTRUCTION AND BUILDING UNIONS’ SUPERANNUATION FUND